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$ebon is now of great interest to me because im seeing its displaying some of the character criteria for my "long term trend run up" pattern, its IPOed last year and now it looks like its finally back on the uptrend, i circled where it had its big volume days initially and percentage day that started this new run up, where i pointed the arrow shows the old highs where bagholders sold into it crushing it, then it consolidated sideways again. last trading day this thing had a BIG FGD, i think its time for this stock to go back on the uptrend, and its in a hot sector, its crypto. all the pieces of the puzzle are coming together, im bullish on this, i will enter it monday for a long hold for a reattempt at double digits.
Sky_Hi_Trading Feb 18, 8:57 PM
killin it bro!! great job! you have the vision now to see the gems! congrats!
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okay okay i finally figured out a name for this pattern its "long term trend run up" once again , $mcoa is exhibiting the pattern criteria, it has no real volume relative to all prior trading until recently and then it perks up over the SMA180, once again you should have been buying this once it sold off and found a range of consolidation, where i underlined, you have to have faith in the massive volume and wild percent gain day, to trust the sector and know this stock is finally back alive and in play, its SO important to get in right after this big change in trend, because THAT IS THE BEGINNING of a MASSIVE RUN, $$$ fuck your little profits, you can infact make sixfigures on these stocks with a fraction of the cost if you just hold it long term.
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Mickygadfly Feb 12, 8:35 AM
I did something like this on TTCM because yuou can see how it almost always goes up like 100-400% from the bottem of the range and i killed it on that one but never tried it again because its basically guessing but it sounds like you have a better plan on it than me.
MikeySaghbini Feb 12, 8:35 PM
risk managment on this approach i have yet to figure out, lol, its more like having "faith" that its going to uptrend for about a year, look at $nio for example, last year it was trading on high volume and hype all year, went from 2$-70$, i say buy in at ranges of consolidation, and hold your nuts, also only add to you position wisely on the up or downside.
MikeySaghbini Feb 12, 8:37 PM
just look at all the long term trends of any stock that was super hyped last year and was brought to life on high volume, and see the comparisons in this entire sector run up, i think this is just the beginning of a long rally for cannabis.
Sky_Hi_Trading Feb 15, 3:22 PM
Thanks for sharing your findings!! I think SIML may be a good one. Just bumped up from a long consolidation!
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Leify907 Jan 06, 11:32 PM
honestly loved this recap. And love the non-seriousness of your approach. keep at it.
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brycetuohey Jan 06, 11:36 PM
@Leify907 Thank you! Hahaha yeah, by no means am I serious. Gotta make everything fun!
alexstark Feb 16, 2:49 AM
Apparently Matt Monaco doesn't actually know any dumb people. Nice job dude. Very impressed. Super frustrated with my trading right now - in a 7.5k drawdown. Time to size down and get consistent. I do the same thing to with the long/short over trading lol.
alexstark Feb 16, 2:53 AM
Have you upped your risk?
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skatermdw Dec 14, 20 11:53 PM
Congrats!!!! E, explanation is does such simplicity and to the forfront and understanding is well taken!!!! Thank you!!!!
TonyTex Dec 19, 20 7:40 PM
Congrats Ellis, your explanation it's amazing, please continue to make this videos as it really help understanding the basic and the mentality of a trader. Often you hear Gurus, traders mentioning that you need to have a plan but the way you explain it and break it down is so much easier to understand. Thank you
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Parallax278kAU Jan 23, 11:56 AM
Thanks for sharing!
Donit4us Jan 28, 8:57 PM
Thanks for that much needed push!
drj Feb 14, 1:50 PM
Jack, it’s been inspiring to watch you this past year! Thanks for sharing this story. I can’t believe how much I’ve learned this year from studying. Even though my $ account is down this year my knowledge account has been growing daily. I can look back and easily see why I’ve lost this year. I’m now studying 10x more then I trade instead of the other way around. I’m sticking with it and having fun in the process. Thanks for the encouragement!
MarlonMarkus Feb 20, 10:19 PM
Very very inspiring and MOTIVATING!!!....THANKS!
Great job! Keep up the hard work! Onto our 3rd year
the moment when you decide to be yourself, and not anybody else or anybodys else wishes.. thats overall important, thats lesson for life mate!
More power to you!! Keep it up, i just started my adventure
Excellent write-up Tommy!! Thanks for these encouraging words!!! This month is my 2yr anni and I'm having those same frustrations and thoughts as you in November. I will keep pluggin away for sure! Congrats to your "next" level!!
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